44 Heatherhill Road, Frankston, VIC 3199

Retail

Sold $395,000

  • Property ID: 415282
  • Floor Area: 60m²
  • Land Area: 168m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 60m2 168m2 N/A
SUIT INVESTORS OR OWNER-OCCUPIERS

PRIVATE SALE - INSPECT BY APPOINTMENT ONLY

Enjoying a unique position on the laneway-corner of this booming boutique strip, this flexibly tenanted 60sqm* shopfront will appeal to investors & owner-occupiers alike with scope to retain an excellent long-term tenant & enjoy a passive investment…or assume possession & actively build business.

- 168 sqm* Land size with laneway access
- 60 sqm* Shop
- semi-detached shopfront on the corner of a thriving strip

- leased on a month-by-month basis

- well-maintained with air-conditioned internal floorspace
- well-secured rear access, on-grade parking
- easy streetfront angle parking

- direct laneway access to rear parking lot
- streetfront aspect facing a landscaped plaza & all-ability stair/ramp access

- at the heart of a welcoming community of established residents & young families
- virtually no-vacancy environment, solid rental demand expected well into the future

- well-resourced strip with Post Office, bakery, grocery, bottleshop & hairdresser.
- after-school walk from Frankston Heights Primary School
- 1 km from Monash Uni’s Peninsula Campus & Frankston hospital
- less than 3kms from the heart of Frankston’s CBD & beachfront
- 4 minute drive to Frankston station

- close to Peninsula Link Freeway & Frankston-Flinders & Hastings Roads
- gateway to the Peninsula, Red Hill & Westernport Bay holiday destinations


Corner a one-off retail opportunity on the area’s most tightly-held strip.
Relax & reap the rewards of a carefree passive investment.
Take an active approach & build your business on this successful strip.

For further details or to arrange an inspection please do not hesitate to contact our office.

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

Frankston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2495 --- ---
Retail $5459 $276 5.06%
Offices --- $617 ---
This is the average advertised price, rent and yield for Frankston, VIC 3199*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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